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Israel Bond Leaders Report on Their Talks with Ben Gurion

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The ”unreserved” continuation of the leadership of the principal officers of the State of Israel bond organization in the United States was announced today by Julian B. Venezky, chairman of the executive committee of the organization, upon his return from Israel to the United States with a delegation, which included Henry Monitor, vice-president of the American Financial and Development Corporation for Israel, which sponsors the sale of State of Israel bonds; Samuel Rothberg, national chairman for special sales, and Sidney S. Green, financial adviser.

In a statement upon his return, Mr. Venezky said:

“As a result of almost continuous discussions for a period of three days in Jerusalem with the Prime Minister of Israel the Finance Minister of Israel and associated members of the Cabinet, we have agreed to continue with renewed vigor our leadership in the effort to sell State of Israel bonds in the United States.

“All outstanding issues were resolved to our greatest satisfaction and we feel that, as a result of the meetings in which we engaged in Jerusalem, we shall be able to pursue bur work with greater effectiveness than ever before. The Government of Israel, from the Prime Minister down, made it clear in unmistakable terms that it places, the highest significance upon the effort to distribute Israel bonds in the United States as a keystone of its economic development.. Moreover, the Government of ‘Israel assured us of the broadest possible cooperation in order to insure the acceleration of our work.

“Even though the Prime Minister was in the midst of a series of other important matters, including the formation of a new and broader coalition government, he indicated the high place he attaches to the Israel bond program by devoting himself continuously for almost three days to the negotiations’ with us. At the close of our discussions. the Government of Israel is sued a brief formal statement which summarized our common views.” (A summary of the statement was Reported in the J. T. A. Bulletin yesterday in a cable from Tel Aviv.)

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